Deutsche Bank Expects Corporate Executive Board Shares To Rise

Corporate Executive Board EXBD raised CY10 EPS guidance from $1.20-$1.35 to $1.35-$1.50 due to 50bp higher EBITDA guidance, while management left revenue guidance unchanged at $430-440m, Deutsche Bank reports. “We expect EXBD shares to be up tomorrow on the higher EPS, but only modestly due to the unchanged revenue guidance,” Deutsche Bank writes. Corporate Executive Board currently trades at $31.53.